In the 21st century Roger Mougalas who belonged to O’Reilly Media introduced the word Big Data for the first time in 2005. Right after that year in 2006, Web 2.0 was created which meant having huge data that nearly seems quite impossible to handle and manage by using different business intelligence tools.
With the growth of more social networks it is understood that it would generate more data on daily basis with that increased the usage of Web 2.0. With the current out flow of entrepreneurship and small start ups their increased the usage of Big Data in projects in public business as well as in Governments projects.
Doug Laney being the analyst of industry provided the definition OF Big Data in 2000s which increased its popularity gradually by simply putting it in three simple V’s.
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Volume: equipment, videos, social media, and more Organizations collect data from a variety of sources, including business transactions, smart (IoT) devices, industrial
Velocity: With the growth in the Internet of Things, data streams into businesses at an unprecedented speed and must be handled on time
Variety: Data comes in all types of formats — from structured, numeric data in traditional databases to unstructured text documents, emails, videos, audios, stock ticker data, and financial transactions.
This definition which was provided by Doug Laney is not the end of history but the introduction of BVarb.com in the 21st century will lead history of Big Data to its completion with the everlasting boom.
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